Montpelier Foundation logo

Montpelier Foundation

Public charity · Grantmaker Orange, VA EIN: 31-1620682 Website

A memorial to james madison and the enslaved community, a museum of American history, and a center for constitutional education that engages the public with the enduring legacy of madison's most powerful idea: government by the people.

Montpelier Foundation at a glance

Total assets
$21,435,893
-38.5% vs 2024
Revenue (2025)
$14,474,241
+171.1% vs 2024
Net investment income (2025)
$642,236
+10.9% vs 2024
Expenses (2025)
$5,797,525
-12.7% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Montpelier Foundation funds

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 3 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Montpelier StationOrange

How Montpelier Foundation gives

  • Giving fell 45% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2019 1 grant2020 1 grant2021 1 grant2022 0 grants2023 1 grant2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $75K (2024) to $144K (2020). In 2024 it made 1 grant totaling $75K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Montpelier Descendents Committee Orange, VAOperating Support$75,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$21,435,893$14,474,241$5,797,525——$642,236
2024$34,855,194$5,338,097$6,641,188$75,0001$579,107
2023$36,190,610$10,079,782$6,134,018——$310,701
2022$32,791,745$7,244,660$6,688,180$118,0781$677,087
2021$34,651,611$6,661,464$5,781,562$136,6151$626,053
2020$32,140,542$5,470,345$7,524,678$143,8781$281,139
2019$34,216,716$7,946,640$9,404,857——$356,413

About Montpelier Foundation

Based on IRS filings

Montpelier Foundation is a public charity focused on Arts, Culture & Humanities, based in Orange, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $21.4M in total assets. Net investment income was $642K.

Leadership & Key People

Officers and directors from IRS filings

Montpelier Foundation is led by Krista Costello, Interim President & CEO since 2025 (on filings since 2023); 2 of 19 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Krista Costello

    Interim President & CEO

    Chief Operating Officer → Interim President & CEO, 2025

    On filings since 2023

    35 hrs/week

    $77K (2023) → $127K (2025)

  • Hasan Kwame Jeffries

    Chair

    Vice Chairman → Chair, 2023

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Benjamin Brewster

    Director

    Director → Treasurer, 2020

    Treasurer → Director, 2022

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Peter Stoudt

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Tom Mayes

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Bettye Kearse

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Deanna Cummings

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Lawrence E. Larry Walker

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Mary Alexander

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Michael Higginbotham

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Dean Ian H. Solomon

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Howard Zaritsky

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Jan Smith

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • John Kluge Jr.

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Eola Dance

    Former President

    President → Former President, 2025

    On filings since 2024

    35 hrs/week

    $84K (2024) → $213K (2025)

  • Joshua Rothman

    Vice Chair

    Secretary → Vice Chair, 2025

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Leslie Alexander

    Vice Chair

    Director → Vice Chair, 2023

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Nicole Thorne Jenkins

    Treasurer

    Director → Treasurer, 2023

    On filings since 2022

    2 hrs/week

    No compensation reported

  • J. Haywood Blakemore

    Secretary

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Former officers (39)
  • Former: Elizabeth Vassa Chew (2019–2024) — Director of Museum Programs
  • Former: Cornell William Brooks (2022–2024) — Director
  • Former: Daina Berry (2022–2024) — Director
  • Former: Ian H. Solomon (2022–2024) — Director
  • Former: Soledad O'Brien (2022–2024) — Director
  • Former: Roy F. Young II (2020–2023) — Former President
  • Former: Cara Sisson (2021–2023) — Chief Advancement Officer
  • Former: George Michael Urban (2021–2023) — Chief Financial Officer
  • Former: Margaret H. Jordan (2019–2022) — Director
  • Former: Pamela F. Edmonds (2019–2022) — Director
  • Former: James A. French (2020–2022) — Chairman
  • Former: Peter McHugh (2020–2022) — Treasurer
  • Former: Sherida J. Hawthorne (2020–2022) — Director of Hr & Administration
  • Former: Stephanie Meeks (2020–2022) — Director
  • Former: Dennis M. Campbell (2019–2021) — Director
  • Former: Eugene W. Hickok (2019–2021) — Chairman
  • Former: Frank B. Atkinson (2019–2021) — Vice Chairman
  • Former: John Adams (2019–2021) — Director
  • Former: Linda C. Gibson (2019–2021) — Director
  • Former: Patricia Crowe (2019–2021) — Secretary
  • Former: Robert A. Leath (2019–2021) — Director
  • Former: Doug Trout (2021) — Executive Vice President & Chief Advancement Officer
  • Former: Douglas F. Trout (2019–2020) — Executive Vice President & CAO
  • Former: Francois L. Baird (2019–2020) — Director
  • Former: Gail Serfaty (2019–2020) — Director
  • Former: Kat Imhoff (2019–2020) — President & CEO
  • Former: Professor Jack N. Rakove (2019–2020) — Director
  • Former: Stacey Zolt Hara (2019–2020) — Director
  • Former: Marcus L. Martin MD (2020) — Director
  • Former: Mayor Levar Stoney (2020) — Director
  • Former: Arthur H. Bryant Jr. (2019) — Former Director
  • Former: Charles D. Smith (2019) — Vice President Constitution Center
  • Former: Dennis A. Kernahan (2019) — Chairman
  • Former: Elizabeth H. Von Hassell (2019) — Director of Major Gifts
  • Former: Florence Bryan Fowlkes (2019) — Director
  • Former: Leigh B. Middleditch Jr. (2019) — Director
  • Former: Paul W. Edmondson (2019) — Director
  • Former: Professor Alan Taylor (2019) — Director
  • Former: Sean O'Brien (2019) — Executive Vice President & COO

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Ms Eola Dance — Former President: $213KMs Eola DanceFormer President$213KMs Krista Costello — Interim President and CEO: $127KMs Krista CostelloInterim President and CEO$127K

The highest reported compensation on the 2025 filing was $213K, to Ms Eola Dance (Former President). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Montpelier Foundation

How large is Montpelier Foundation?

Montpelier Foundation reported $21.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $14.5M.

What is Montpelier Foundation?

Montpelier Foundation is a public charity focused on Arts, Culture & Humanities, based in Orange, VA. It holds $21.4M in total assets as of 2025.

Where does Montpelier Foundation operate?

Montpelier Foundation has awarded grants in Virginia.

What is Montpelier Foundation's EIN?

Montpelier Foundation's EIN (Employer Identification Number) is 31-1620682. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS June 22, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS December 21, 2022)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 25, 2024)
  5. IRS filings on file for fiscal years 2019–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Montpelier Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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